We are currently in Cycle (I) of Super Cycle a of Grand Super Cycle IV, as per my wave count.

Since Grand Super Cycle II was a zigzag, the guideline of alternation suggests Grand Super Cycle IV will be a flat or a triangle or a combination correction like that of Cycle IV from 1966 to 1982

A flat would require that the wave b rise quickly back to the start of wave a. Which appears unlikely, given the structural problems in the economy. So a triangle is considered to be more probable where the wave b of the triangle need not retrace to the start of wave a. A combination correction would also not require a quick retrace to the 2007 highs.

"A feature of unusual merit is the fact that the experienced student knows at all times the current position of the market in each cycle and therefore is forewarned of the approach of reversals. By means of this rhythmic analysis, the end of a movement is known as it approaches, and the type of the next movement is also known. It is therefore possible to predict with confidence when a bull market is terminating and a bear market is beginning, or vice versa."